The Applied Probability Society is a subdivision of the Institute for Operations Research and the Management Sciences (INFORMS). The Society is concerned with the application of probability theory to systems that involve random phenomena, for example, manufacturing, communication network, computer network, service, and financial systems. The Society promotes the development and use of methods for the improvement of evaluation, control, and design of these systems. Such methods include (stochastic) dynamic programming, queueing theory, Markov decision process, discrete event dynamic systems, point processes, large deviations, reliability, and so on. Our members include practitioners, educators, and researchers with backgrounds in business, engineering, statistics, mathematics, economics, computer science, and other applied sciences.
The Applied Probability Society also publishes Stochastic Systems, through a cooperative agreement with the IMS. This open-access journal seeks to publish high-quality papers that substantively contribute to the modeling, analysis, and control of stochastic systems. The contribution may lie in the formulation of new mathematical models, in the development of new mathematical methods, or in the innovative application of existing methods. A partial list of applications domains that are germane to this journal include: service operations; logistics, transportation, and communications networks (including the Internet); computer systems; finance and risk management; manufacturing operations and supply chains; and revenue management.
Approximate Membership: 400
Prizes: Best Publication in Applied Probability Award; The Erlang Prize for Young Applied Probability
News and Events
- APS Business Meeting Minutes , November 14, 2016
- Congratulations to Ruth Williams and Marty Reiman, winners of the John von Neumann Theory Prize.
- Congratulations to Arnoud den Boer and Bert Zwart, winners of the best publication award from the revenue management and pricing section.
- Congratulations to Josh Reed, the winner of the 2016 Erlang Prize.
- Slides for the 2016 Markov Lecture, given by Gareth Roberts, discussants Natesh S. Pillai and Jeffrey Rosenthal (java applet simulation).
- Slides from the Business Meeting at Nashville INFORMS and the APS Newsletter 11-2016 .
- APS sessions at Nashville INFORMS, APS 8-25.xlsx
- Congratulations to Mohsen Bayati, Marc Lelarge and Andrea Montanari, winners of the 2015 Best Publication Award.
- Slides for the 2015 Markov Lecture, given by David Yao, are now available for download.